Securites Fraud Attorneys SHEPHERD, SMITH & EDWARDS, LLP
stock fraud online consultations
Skip to main content
about Our Stock Attorneys contact stock lawyers securities arbitration questions Securities fraud news Broker Misconduct Resources and links about investment protection en Espanol
Free Consultation

or call

U.S. Securities & Futures Corp.

U.S. Securities & Futures Corp. (CRD #36045, New York, New York) received a censure and fine of $7,000, jointly and severally with an individual respondent. In addition, the firm was fined an additional $4,981. According to the findings, the firm failed to promptly amend its Form BD to indicate that a branch office was an Office of Supervisory Jurisdiction (OSJ) and failed to designate the office as an OSJ in its written supervisory procedures. In addition, the regulators found that the firm failed to immediately display customer limit orders in Nasdaq securities in its public quotation when each such order was at a price that would have improved the firm's bid or offer in each such security. Furthermore, the NASD found that the firm failed to accept or decline transactions in ACT within 20 minutes after execution. The firm accepted the fine and censure but did not admit or deny the accusations. (NASD Case #C10010014)

Did U.S. Securities & Futures Corp. manage your investments?



If you would like one of our specialists to provide a free consultation, please let us know how to reach you:

 Your Name

 Your Phone

 Your Question / Situation